LTF $BTC (4H)👇🏻

BTC is currently forming a local bearish downtrend channel on the 4H timeframe, while still holding above the previous local uptrend swing low.

If this local bearish structure breakout (69k ), price could move towards the perviously mentioned HTF resistance levels (77-80-84) before forming the next HTF lower low.

If that move does not occur, then after a 65,600 (swing low )breakdown, we can look for short opportunities based on the Next PA

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🔑 Areas to Watch

📉 4H Support Zone: 62,500 – 63,500

📈 1H Minor Resistance: 67,500

📈 4H Resistance: 69,000

👉 Monitor these levels for entry confirmations and plan scalp setups accordingly. #BTC $BTC

BTCUSDT

Perp

78,309.9

+2.66%